Pyongyang’s ongoing nuclear aggression may potentially result in South Korea and Japan hosting nuclear weapons on their own turf, a scenario that would have wide-ranging negative consequences, Singapore’s leader has warned. “What’s different this time is that North Korea has more nuclear weapons … so the risks are higher,” Prime Minister Lee Hsien Loong said […]

New Zealand’s Labour leader Jacinda Ardern will form the country’s next government after gaining the support of a small nationalist party holding the balance of power following an inconclusive Sept. 23 election. “This is an exciting day. We aspire to be a government for all New Zealanders and one that will seize the opportunity to […]

China will fend off risks from excessive optimism that could lead to a “Minsky Moment,” central bank governor Zhou Xiaochuan said on Thursday, adding that corporate debt levels are relatively high and household debt is rising too quickly. A Minsky Moment is a sudden collapse of asset prices after a long period of growth, sparked […]

China’s central bank governor Zhou Xiaochuan said on Thursday that he is likely to retire soon, confirming an earlier Reuters report. “Either way it’ll be soon,” Zhou said on the sidelines of the Communist Party Congress, when asked whether he would retire this year or next. Sources with ties to the leadership and close the […]

If there’s an idea, there will be funding. That’s been the reality for India’s start-up community for years — but it might be ending. India’s start-up dudes — largely male, young engineering graduates or dropouts —are being jolted out of their fantasy world as investors tighten their purse strings and demand a greater bang for […]

China will post third-quarter gross domestic product data on Thursday, a day after President Xi Jinping made big promises for the country’s economic future during a pivotal leadership meeting. China’s National Bureau of Statistics was set to report third-quarter GDP figures at 10 a.m. SIN/HK on Thursday. Economists polled by Reuters forecast China to post […]

Investors in Asia are expected to focus on a barrage of economic data releases out of China on Thursday, following up on the Dow Jones industrial average closing above the 23,000 level for the first time. Robust quarterly earnings reports propelled the Dow’s close above the 23,000 level for the first time. On Wednesday, the […]

More than 40 lawmakers urged President Donald Trump’s administration on Wednesday to reimpose U.S. travel bans on Myanmar’s military leaders and prepare targeted sanctions against those responsible for a crackdown on the country’s Rohingya Muslim minority. In a letter sent to U.S. Secretary of State Rex Tillerson, a group of Republican and Democratic members of […]

Chinese President Xi Jinping wants to take advantage of what he believes is the waning influence of the United States around the world under President Donald Trump, said Nicholas Burns, whose 27-year career in diplomacy spanned both Republican and Democratic administrations. Xi is consolidating power at a “very consequential” meeting of communist officials being held […]

Former U.S. presidential candidate Hillary Clinton said on Wednesday that “cavalier” threats to start war on the Korean peninsula were “dangerous and short-sighted”, urging the United States to get all parties to the negotiating table. Clinton also called on China to take a “more outfront role” in enforcing sanctions against North Korea aimed at curbing […]